In 2023, in an unpredictable and volatile international scenario, Minerva Foods demonstrated resilience. This achievement was possible by its operational, financial, and commercial strategy, rooted in the purpose of creating connections between people, food and nature
Sustainability
Reports
Through our Annual Sustainability Report, we inform our stakeholders of the main results, projects and investments that summarize the Company’s journey within environmental, social and governance aspects.
Sustainability Report 2023
Minerva Foods is pleased to present to its stakeholders the key milestones and achievements that shaped our journey in 2023. This document has been prepared following the guidelines of internationally recognized reporting frameworks such as the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and World Economic Forum (WEF), and in alignment with the United Nations Sustainable Development Goals.
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About Minerva Foods
Our operations are strategically located and encompass marketing to more than 100 countries across five continents. With diversification and investment in strategic areas.
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Highlights
2nd position in the European Sustainable Food Awards, – in the Pioneering in Sustainability category as a result of our exemplary chain traceability practices.
Acknowledgment in Leading Market Ratings
COLLER FAIRR: achievement of “Medium Risk” level in the general ranking and the highest evaluation in Animal Welfare practices, earning a classification of “Low Risk”.
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Commitment to Sustainability
Net Zero Emissions by 2035
Ongoing efforts to combat climate change by effectively monitoring greenhouse gas emissions on scopes 1, 2, and 3, and implementing reduction and mitigation projects are part of Minerva’s decarbonization plan.
⦿ Gold Seal: certification in GHG Protocol ensures reliability and transparency in our emissions inventory.
⦿ 100% scope 2 emissions are neutralized by acquisition of Renewable Energy Certificates (I-RECs).
⦿ Mapping the risks and opportunities associated with climate change integrated into the business, in accordance with the guidelines proposed by the Task Force on Climate-Related Financial Disclosures (TCFD).
We effectively manage resources aligned
⦿ 100% of Minerva Foods’ operations are governed by the Environmental Management System
⦿ Renewable Energy Seal – awarded for our 100% renewable electrical matrix
⦿ Increase of 23,6% in water reuse amount
⦿ Eureciclo seal – awarded for reverse logistics practices
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Sustainable Livestock
Monitoring direct cattle suppliers through socio-environmental criteria, ensuring environmental, labor, and land compliance in the supply chain.
zero illegal deforestation throughout the supply chain in South America by 2030.
⦿+ 43,000 direct suppliers monitored in South America
⦿ 100% compliance in external audits
⦿ Leather Full Traceable commercialized by Minerva Leather
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Chain engagement in the traceability of indirect suppliers
Especially with the useof the application SMGeo Prospec, where, through a voucher, Brazilian rural producerscan check the socio-environmental compliance of their own suppliers.
⦿ + 3 thousand SMGeo Prospec application vouchers distributed
Animal Welfare and Food Quality
Our production follows a strict quality control, preserving the health of cattle and the safety of consumers. Which is reflected in our performance and best practices:
⦿ 100% of food products covered by the Food Safety Management System
⦿ Units certified by a food safety protocol recognized by the GFSI (Global Food Safety Initiative)
⦿ Laboratories certified and/or accredited by ISO 17.025
⦿ Zero-tolerance policy towards any form of abuse, neglect, or mistreatment into our operations and throughout our value chain.
⦿ 100% of cattle slaughter units are certified in animal welfare by NAMI (North American Meat Institute) Protocol
⦿ + U$ 806,4 thousand invested in animal welfare initiatives.
Our People
Culture in synergy with business goals, protagonism, and development of our people, based on
sustainable decision-making.
⦿ Recognized as a GPTW (Great Place to Work) company.
⦿ 100% of employees are covered by an Occupational Health and Safety system.
⦿ Recognition as the Best Company in the Occupational Health and Safety field, in the Food Industry category by ANIMASEG (National Association of the Safety and Protection Material Industry).
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Positive Impact
We support the local economy, and nurture relationships with the value chain, suppliers, community, government, and local institutions. Additionally, we invest in social programs. The maintenance of relationships with these parties is ensured through the Stakeholder Engagement Plan (SEP), which contributes to strengthening our social strategy.
⦿ + 21,000 adults and children benefited
⦿ + 27 ton of protein donated
⦿ + U$ 1,097mi invested in social program across Argentina, Brazil, Colombia, Paraguay and Uruguay
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Previous Reports
We are firmly committed to transparency of information on our environmental, social, and governance management. For the past eleven years, we have reported our annual advances through our Sustainability Reports.
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